www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Companies

Inner Mongolia eases rules on coal firms

By Lyu Chang (China Daily) Updated: 2014-07-04 08:43

Inner Mongolia eases rules on coal firms

Coal is loaded for railway transportation in Tongliao, Inner Mongolia autonomous region. Coal miners in the region no longer need local government approval for M&A deals. [Photo/Xinhua]

China's top coal-producing region Inner Mongolia said on Thursday that coal miners no longer need local government approval for corporate transfers or for merger and acquisition deals.

The policy, which took effect on Tuesday, will allow local coal miners to follow the rules of a free market, according to authorities from the region.

Coal miners are being encouraged to restructure their businesses and get involved in upstream and downstream industries including electric power, chemicals and building materials.

Inner Mongolia eases rules on coal firms

Inner Mongolia eases rules on coal firms
Coal hub considered for North China

Resource-rich Inner Mongolia had to relax many policies since last year to boost its coal mining sector. Major producers of the fuel in the region, which is far from being China's most dynamic, have been hit hardest by high transportation costs.

The low calorific content of the region's coal has also made it less competitive.

As of April 30, one-third of the mines in the region, most of which were small, had shut down or suspended production, according to the Inner Mongolia Coal Mine Safety Bureau.

The province's coal output slid nearly 10 percent year-on-year to 302.74 million metric tons during the first four months, official data show.

Stimulus measures that range from cutting administrative fees and transport charges for local miners to increasing financial support for those companies and lowering borrowing costs were launched to help revive the sector.

Media reports said levies for coal were reduced by 4 yuan (65 cents) to 20 yuan a ton last year. Environmental fees were also suspended and some rail charges eliminated.

The eased rules are expected to strengthen the competitiveness of companies with major mines in the area such as Inner Mongolia Yitai Coal Group Co Ltd, Shandong Energy Group Co and Shenhua Group Corp Ltd, experts said.

But they added that sluggish demand from power plants, rising stockpiles and fierce competition from cheaper imported coal have pushed coal prices to drop further this year.

In June, the price of high-calorie coal dropped 17 percent year-on-year to 220 yuan per ton, and coking coal fell to 325 yuan per ton, a drop of 18.8 percent year-on-year, according to the bureau.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 国产日韩欧美一区二区三区在线 | 精品国产看高清国产毛片 | 国产第2页| 亚洲欧美性视频 | 日韩三级视频在线 | 九九热视频在线免费观看 | 草草在线观看视频 | 国产一级淫片a免费播放口之 | 久久欧美成人精品丝袜 | 久久99国产精品久久99果冻传媒 | 日本无卡码免费一区二区三区 | 午夜毛片不卡高清免费 | 在线成人播放毛片 | 啪啪一级 | 手机看片1024精品国产 | 日韩国产免费一区二区三区 | 欧美特黄一级高清免费的香蕉 | 在线免费黄色网址 | 国产欧美日韩在线人成aaaa | 成 人 亚洲 综合天堂 | 日本一级毛片中文字幕 | 一级做a爱过程免费视频麻豆 | 亚洲天堂毛片 | 亚洲综合精品一二三区在线 | 国产精品极品美女自在线看免费一区二区 | 久9这里精品免费视频 | 成人国产精品高清在线观看 | 一级成人a毛片免费播放 | 日本成人在线看 | 国产99视频精品免费观看7 | 久久99精品久久久久久久不卡 | 中文欧美一级强 | 亚洲在线中文 | 精品日韩欧美一区二区三区在线播放 | 亚洲视频中文字幕在线观看 | 二区久久国产乱子伦免费精品 | 久久久久久久久久久96av | 日本黄色大片免费观看 | 欧美日比视频 | 成人三级视频在线观看 | 成人在线免费视频 |